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South Brunswick Businessman to Challenge Holt for Congressional Seat

Republican Eric Beck, who will oppose U.S. Rep. Rush Holt in the race for the 12th Congressional District, believes smaller government and a flat tax are crucial to an economic turnaround.

Citing a need to improve unemployment by ending governmental mismanagement of the economy, South Brunswick resident Eric Beck announced a bid earlier this year to challenge U.S. Rep. Rush Holt (D-12) for the U.S. Congress in New Jersey’s 12th District.

Beck, a small business owner and entrepreneur from Dayton, started Risk Masters in 2009 as a risk management consulting firm specializing in business continuity management. Beck also holds an MBA from Rutgers University Business School.

He said Rep. Holt is out of touch with voters and lacks the business understanding to stimulate job creation.

"My opponent has spent his entire career in academia and has never been in a position to run a business, create jobs, and deliver a product to a private marketplace," Beck said. "I've spent my entire career in the private sector. I've been in the consulting business for 23 years. I think what I bring to the table is a deeper and better understanding of how to grow the economy and how to create jobs, which lifts all boats in society."

Uncomfortable with the economic policies of the Obama Administration, Beck said Rep. Holt is one of the prime enablers of what he sees as a failing situation.

"Jobs come from small businesses is a common refrain we hear and to some degree that's true," Beck said. "The primary driver of job creation is new business startups, and I base that on the research of the Kauffman Foundation.  Historically in this country, there are somewhere between 600,000 to 700,000 new companies started every year that hire five to seven employees on average, and my company is typical of that.

"If you look at the low end of both scales, we need to create about 3 million jobs just to keep the unemployment rate where it is. Part of the reason we're struggling is that we're not creating enough new small businesses, so we need to boost the number of startups and stop burdening them with every type of mandate imaginable."

Beck said encouraging entrepreneurship is the key to driving down unemployment numbers, but added that the country will not climb out of the recession by overtaxing the wealthy with a millionaires’ tax.

"Taxing the rich is a classic socialist mantra, but it's just not the answer to helping the middle class. I'm an advocate of supply side economics," Beck said. "Deficits do matter and I'm a believer in incentives. We need more wealthy people and we need more risk takers.  We need to give people an incentive to put their money at risk. If we start overtaxing the rich because we think it benefits the middle class, what we're doing is taking away the resources the wealthy would put at risk for sustainable job growth in the private sector."

When tax rates for the wealthy grow too high, Beck said they are more prone to look for ways to pay less into the system. 

"When tax rates are too high, people will find ways to legally hide their income in tax shelters, so you don't get more tax revenue, you get less," he said. "All studies show that, and there is this tremendous denial on the far left who think this is the way to go."

Beck said he supports a repeal of the "Obamacare" health care plan, in addition to a 15 percent flat tax on individuals and corporations.

"We need to broaden the tax base," he noted. "We may even need a small consumption tax. But the idea is to have a comprehensive and fundamental tax reform and move to a flat tax. The overall goal should be revenue neutrality and to grow the economy, grow tax revenue, and help close the deficit by starting to pay off our debts."

By electing more Republicans to state government, Beck said New Jersey could continue the turnaround experienced under Gov. Chris Christie in private sector job creation.

"New Jersey had a zero net job creation prior to (Gov. Christie's) election with only one exception, and that's government jobs," Beck said. "We're starting to see a reversal of that. There's been a three-to-one ratio of government jobs reduced to private sector jobs created. (Christie) is creating an environment in New Jersey that's economically friendly and part of that is trying to constrain the growth of property taxes and that's my top priority. I think I've got more experience and I'm more credible than my opponent to address that."

Beck has already picked up endorsements from the Mercer County Republican Committee as the GOP nominee for the 12th Congressional District, which includes South Brunswick, Cranbury, East Brunswick, East Windsor, Hightstown, Lawrence and Princeton.

"Central New Jersey needs his voice in Washington, and I believe he is uniquely qualified to represent our hardworking families and take on the economic challenges facing our nation," said Mercer County Republican Committee Chair David Fried via release. "As a New Jersey business leader, Eric will present the strongest possible alternative to Rush Holt’s tax-and-spend extremism that is completely out of step with the needs of his district and the country.”

With an atmosphere of partisan politics in Washington D.C., Beck said he is suited to reach across the aisle to form a consensus based on his background. As a community activist, Beck served as the New Jersey State Director for the Concord Coalition, a grassroots organization co-founded by former U.S. Senators Warren Rudman (R-NH) and the late Paul Tsongas (D-MA). The group attempted to educate the public about the "adverse effects of continued deficit spending."

As director, Beck oversaw grassroots organizational development and training programs in partnership with elected representatives and private organizations. 

"I tend to be fiscally conservative, but I have a partner who's a strong advocate of Obama," he said. "We try to find common goals around serving our customers who have a problem they want us to solve. We have more in common than we have differences, and I try to focus on that. One of the ways we can create value for taxpayers is by respecting the other side and bringing people together."

Beck said the divisiveness currently affecting the country on a number of issues is ultimately pulling attention away from what should be our chief priority, which is economic growth. 

"We need to stop this class warfare we're seeing from the other side," he said. "It's un-American. We should be focused on trying to grow the economy and lifting all boats. It's interesting that the modern day Democratic Party is different from the prominent Democrat I worked with in former Sen. Paul Tsongas, who was a great advocate for the business community."

Beck said that while Tsongas believed in more government spending than what he would be comfortable with, they shared the same outlook towards the business community. That outlook, according to Beck, will be vital to speed up the country's economic recovery.

"Tsongas believed in the business community and that you can't be pro-jobs and anti-business at the same time," Beck added. "Unfortunately modern day Democrats, including the president, don't see that. That's why we need a change in this district and a change in the nation, with both parties who respect the business community and don't see them as the enemy. That's not a point of view that will help the poor, it will just make the poor grow poorer."

Joe R March 10, 2012 at 05:13 PM
Medical Savings accounts are great for the wealthy. They can stash many thousands in this TAX SHELTERED account. The poor and most of the middle class can barely survive from pay check to pay check. How are they supposed to put money into a medical savings accounts. Even if they could put $50 a week into the account ($2600) that would not last long with high medical expenses. Medical savings accounts are scams for the wealthy. They do litlle or nothing for the great mass of Americans.
morrigan March 10, 2012 at 05:20 PM
I wish these comments had a 'LIKE' button.
Winston March 10, 2012 at 07:20 PM
So it's been 72 hours and the Holt supporters still cannot justify supporting him. I don't understand how left wing progressives can ignore the facts that holt is in the pocket of investment bankers, hedge fund managers and wealthy donors receiving corporate welfare. I guess it's easier to attack the messenger than deal with reality.
Winston March 10, 2012 at 07:21 PM
Young people, small business and the self employed benefit from these accounts
Winston March 10, 2012 at 07:59 PM
Hmmm more proof of Holts history of giving special treatment and doing the bidding of his big donors...facts and more facts. http://washingtonexaminer.com/opinion/2009/04/dirty-money-rep-rush-holt/103029
Patrick March 10, 2012 at 08:24 PM
Lets look at the facts about this cycle... Frank Pallone Individual Contributions 47% PACs 52% Rob Andrews Individual Contributions 57% PACs 43% Rodney Frelinghuysen Individual Contributions 39% PACS 60% Scott Garrett Individual Contributions 56% PACs 44% Leonard Lance Individual Contributions 45% PACs 55% Frank A. LoBiondo Individual Contributions 42% PACs 58% Bill Pascrell Jr Individual Contributions 52% PACs 45% Steven R. Rothman Individual Contributions 49% PACs 47% Jon Runyan Individual Contributions 36% PACS 57% Albio Sires Individual Contributions 48% PACs 52% Chris Smith Individual Contributions 64% PACs 35% Rush Holt Individual Contributions 68% PACs 30% Holt receives more of his cash from individuals then any other NJ Congressman and the lowest % from PACs.And yes some individuals give Holt money who are bankers... in fact $4000 from a Bank of America employees. But the lack of PACs shows he is not a bought politician. I don't expect you to comprehend that, but wanted to put it out there in case someone who hadn't followed your constant misinformation about Holt.
Winston March 10, 2012 at 08:27 PM
Gee..Holt even took money from the notorious Solomon Dwek....geesh when will it end! http://seattletimes.nwsource.com/html/nationworld/2009570857_apnjnjcorruptioncontributions.html
Winston March 10, 2012 at 08:34 PM
Who cares what other congressman do...the issue is that Holt portrays himself as a man of the people when his donor list and voting record prove that he is nothing more than a dupe for big money donors and investment bankers.
Winston March 10, 2012 at 08:41 PM
Ohhhhh noooo will he ever stop! Big donors say jump and Holt asks how high! More proof that he is in the pocket of big money donors. He takes the side of his donors over the interests of a New Jersey based business ! http://www.nrtw.org/en/blog/big-labor-congressman-rush-holt-5262011
Patrick March 10, 2012 at 09:26 PM
Winston, its been a day and a half and you still haven't exposed how Holt is " using our tax dollars for their own good while penalizing the hard working taxpayers of South Brunswick."
Winston March 10, 2012 at 10:49 PM
Patrick it's OK...you can let your political beliefs get in the way of fairness, honesty and reality. From a personal standpoint I think you have a personality flaw that prevents you from challenging your beliefs when faced with facts that prove the exact opposite. You refuse to answer my questions and you cannot justify your support for for Holt who is bankrolled by hedge fund managers and bankers, takes money and support an anti Jewish group and pays back his political donors with our tax dollars. Your only justification is that he is a Democrat.
Patrick March 11, 2012 at 03:44 AM
when did fairness, honesty and reality become subjective? My only personality flaw is continuing to actually engage in this dysfunctional exchange. Rush Holt and I have very similar politic... I asked you, who you admire. Who matches your politics. anyone? or are you just out there on an island. Maybe its time you actually answer a question.
morrigan March 11, 2012 at 01:37 PM
Patrick, I wondered about that myself -- why was I continuing to engage in this discussion? Part of the answer, I think, is that any undecided people who choose to read these posts will see the points that Winston and I am Right make against Rush Holt, and they will see the points that you and Joe and I make in support of him, and they will be able to judge for themselves. Rob claimed that he had been open either way, and how his ideas had been affected by the article. middle of the road made some valid points and responded thoughtfully and courteously. As I mentioned before, democracy by its nature is an imprecise and messy form of government. But it works if we allow it to. As Ben Franklin said, "You have a Republic -- if you can keep it!"
Winston March 11, 2012 at 02:11 PM
Morrigan well said...the only problem is that Holts supporters only reason for supporting him is that he is a Democrat. If he was Republican you and the other liberal dems would be screaming holy murder....instead you ignore the facts that he is a dupe for walls street, banks and rich donors. I am still waiting for the answer to my questions.....
Winston March 11, 2012 at 02:20 PM
Patrick read your last post....you prove your personality disorder that I commented on. You and Holt agree that wealthy donors and investment bankers,many who dont even live in his district, should be controlling government rather than the constituents in his district?
Patrick March 11, 2012 at 02:55 PM
Winston, the problem is that Holt's actual voting record doesn't back you up. He has been a huge proponent of regulation. Voted to allow shareholders to vote on pay etc etc etc so you can continue to say whatever you like, it is a free country, but its just not reality. and I don't even know what your question is, but its irrelevant, and even if I did answer it, you wouldn't be satisfied. as you can't even answer basic questions, so why would I even indulge you further.
morrigan March 11, 2012 at 03:13 PM
Thank you, Winston. I will say that IF you think thoughtfulness, reason, intelligence, fairness and honesty are solely Democratic characteristics -- then yes, maybe you are right. But I think Olympia Snowe has those characteristics, and she is not a Democrat... Would I vote for her over Rush Holt? NO. His values are closer to mine than hers. But I would certainly vote for her over some of the other Democrats that are lawmakers in Washington! I am generally not a Scripture-quoting individual, but it is Sunday and I think a paraphrase may be appropriate here (Luke 6 and Matthew 7): Looking at the facts, I'd say most Republicans need to take the log out of their eye before berating the Democrats for the splinter in theirs. That is an answer.
Winston March 11, 2012 at 06:30 PM
More proof that left wing liberalism is a mental disease. Hey I can understand....he's a deceitful hypocrite but he's you deceitful hypocrite! Scripture please....if your were a real holt supporter you would know that he doesn't support religion in any public venue...since he was raised as an atheist we should expect that...
Patrick March 11, 2012 at 06:41 PM
well the true strips are showing again.... BTW Rush Holt is a Quaker.
John Crutcher March 16, 2012 at 12:30 AM
To call Rush Holt a socialist is to demonstrate an abysmal lack of knowledge of both what that term means and what Rush Holt advocates in Washington and how he votes. Come out from behind your "Winston" and talk some sense.
John Crutcher March 16, 2012 at 12:34 AM
Name three socialist bills that Holt proposed in Congress.
John Crutcher March 16, 2012 at 12:38 AM
In your dreams.
John Crutcher March 16, 2012 at 12:39 AM
why would anyone listen to someone who hides behind a pseudonym?
John Crutcher March 16, 2012 at 12:51 AM
The Washington Examiner? You're joking. With all the fine newspapers in America, you cite a giveaway newspaper owned by a Denver billionaire. Classy!
Winston March 16, 2012 at 03:34 AM
Who would listen to anyone capable of blindly supporting Rush "do nothing for my constituents unless they donate to me and other democrats" Holt?
Troy Walkener April 05, 2012 at 07:30 PM
That's why you need to vote for Kenneth Cody the independent candidate. He's not mentioned here but not a shock. See his candidacy about working together: http://cody-for-congress.tripod.com/index.htm I'm voting for Cody on November 6th.
morrigan April 05, 2012 at 10:58 PM
If our incumbent needed to get booted I'd think about it. But our incumbent needs to STAY in Congress. Congress is going to need experienced, talented and decent lawmakers if our country's situation is going to improve.
Winston April 05, 2012 at 11:16 PM
Holt must go! He a do nothing back bencher!
Anna R. September 12, 2012 at 05:06 PM
Here's the problem. Democrats and Republicans can never work together. Did anyone hear about Kenneth Cody? He's the independent in this race and the article mentions nothing. He has a story on the Scotch Plains patch worth looking at http://scotchplains.patch.com/articles/letter-to-the-editor-call-to-end-wasteful-spending-in-washington He doesn't ask for contributions. He'll fight for camapaign finance reform and the environment. Want real change - Vote Cody.
morrigan September 13, 2012 at 02:00 AM
Anna R. Please look into Rush Holt's record. Among other things, he was on a select bipartisan commission [Congressman Barney Frank (D-MA), Congressman John Campbell (R-CA), Congressman Rush Holt (D-NJ), Congressman Walter Jones (R-NC), Congresswoman Gwen Moore (D-WI), and Congressman Ron Paul (R-TX) on planning and appropriations. Rush Holt can -- and does -- work with both Democrats and Republicans. He should not be replaced. If what you are saying about Mr. Cody is true, then he should be in Congress along with Rush Holt. Perhaps he should find a way to run against one of the Tea Party Representatives who are up for election.

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